Rincon Valley, AZ Cost of Living

Rincon Valley cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.

The above illustration supplies generalized information for the Rincon Valley, AZ cost of living index. Compared to other cities in Arizona and cities across the country, the cost of living index in Rincon Valley, AZ is 118, which is 20% higher than the Arizona average and 18% higher than that for the entire country. The index is comprised of the following criteria: cost of retail goods and services (33%), groceries (13%), health care (5%), housing (30%), cost of public/private transportation (9%) and utilities (10%). Everyday goods and services, along with housing account for 63 percent of the total cost of living index. Goods and services that are a necessity regardless of location provide an accurate general sense of the cost of living in one city versus another. As seen above, the cost of retail goods and services in Rincon Valley, AZ are 4% higher than the average for Arizona and 1% higher than the rest of the country.

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How would you rate the cost of living in Rincon Valley?Excellent. Goods, services and housing are all very affordable.Good. Most goods and services are affordable.Poor. Everything is more expensive than I'd like.Awful. You'll have to take out a loan to live here.View resultsWrite a review to give others more information about this area.Is the cost of living increasing or decreasing in Rincon Valley?Decreasing rapidly. Costs are dropping at a rapid rate.Decreasing steadily. Costs of goods and services are declining.Increasing steadily. Prices are increasing, but at a reasonable rate.Increasing rapidly. I can barely keep up with the increasing prices.View resultsWrite a review to give others more information about this area.

Did you know?

The cost of living in Rincon Valley is 20% higher than the Arizona average.

The cost of living in Rincon Valley is 18% higher than the national average.

The cost of housing in Rincon Valley is 62% higher than the national average.

Compare Rincon Valley, AZ Cost of living To Other Cities

Salary Calculator

I currently make 50,000This is how much you would need to earn in Price difference in compared to

Cost of living index

Goods & Services index

Groceries index

Health care index

Housing index

Transportation index

Utilities index

The salary calculator allows you to compare how much your current salary in Rincon Valley, AZ would be worth in another city. In other words, the salary calculator will adjust the figure you enter for cost of living so that you can determine how much more or much less you would need to earn while maintaining your current quality of living. If you are considering relocating to a more expensive city than Rincon Valley, AZ, the calculator will tell you how much more you need to earn so you can assess job offers more accurately. The Rincon Valley, AZ salary calculator is easy to use. All you do is enter the name of another city, then move the slider to your current income. After that, the salary calculator will crunch the numbers for you and give you the information you need about the place you are considering going. Additionally, it will show a detailed breakdown of the cost of living.

Median Income & Debt-To-Income Ratio

Median Income

Per Year

Per Month

Max Budget (28% DTI)

Max Budget (36% DTI)

Owners

$107,233

$8,936

$2,502

$3,217

Renters

$0

$0

$0

$0

The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Rincon Valley, AZ as well as the overall cost of living. As a general rule of thumb, the debt-to-income ratio (DTI) for homeowners or renters should be not more than 28 percent of gross income to be spent on housing related costs and not more than 36 percent of income on all expenses, including debts. The median income for Rincon Valley, AZ homeowners, is $107,233. This would allow for a maximum of $2,502 per month to be spent on housing costs. For renters, the median monthly income is $0 which would result in a maximum of $0 to be spent on rental costs.

Arizona Sales Tax

State

General Sales Tax

With Max Surtax

Arizona

5.6%

10.725%

Arizona Income Tax

State

Income Tax (Low)

Income Tax (High)

Arizona

2.59%

4.54%

One thing to keep in mind when considering the cost of living in Rincon Valley, AZ is the Arizona sales tax and Arizona income tax rates. Sales taxes are taxes that are collected on most goods or services sold. Sales taxes can vary by state and can be as high as 7% and as low as 0% as not every state imposes a sales tax. The Arizona sales tax rate is 5.6% and the maximum surtax that can be charged is 10.725%. Income tax is the tax imposed on income by both the federal and state government. The income tax rates varies by individual state and will also be higher or lower depending on the applicable tax bracket. The rates of state income tax can vary from 0% to more than 9%. The Arizona income tax rates range from 2.59% to 4.54%.

Goods & Services

Item

Rincon Valley

National avg.

Difference

Haircut

$16.18

$16.09

0.6%

Beauty Salon

$47.43

$37.33

27.0%

Toothpaste

$2.28

$2.45

6.7%

Shampoo

$0.94

$1.00

5.7%

Movie

$8.93

$10.28

13.2%

Bowling

$4.08

$4.93

17.3%

Groceries

Item

Rincon Valley

National avg.

Difference

Ground Beef

$4.24

$3.80

11.4%

Fried Chicken

$1.61

$1.40

15.3%

Milk

$1.55

$2.01

23.0%

Potatoes

$2.78

$3.01

7.7%

Pizza

$11.53

$9.89

16.6%

Beer

$9.02

$8.90

1.3%

Health Care

Item

Rincon Valley

National avg.

Difference

Optometrist

$104.38

$102.16

2.2%

Doctor

$110.67

$108.36

2.1%

Dentist

$92.14

$92.53

0.4%

Ibuprofen

$9.71

$9.28

4.6%

Lipitor

$428.34

$425.82

0.6%

Housing

Item

Rincon Valley

National avg.

Difference

Home Price

$311,500.00

$184,700.00

68.7%

Avg. Mortgage Payment

$948.57

$1,202.44

21.1%

Apartment Rent

$1,375.00

$949.00

44.9%

Transportation

Item

Rincon Valley

National avg.

Difference

Gasoline

$2.10

$2.24

6.6%

Tire Balancing

$47.97

$46.29

3.6%

Utilities

Item

Rincon Valley

National avg.

Difference

All Electricity

$162.29

$165.96

2.2%

Phone

$23.48

$28.68

18.1%

Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.